Late-October gas prices raised fuel-cost risks for Southeast Europe's gas-fired power fleet as storage remained low and LNG deliveries uncertain. Gas-fired output also rose in Hungary and Greece during the reporting week.
North Macedonia is structuring its planned 100 MW / 400 MWh Bitola battery as strategic grid infrastructure, with an estimated cost of EUR 98 million. The EBRD is considering a sovereign-guaranteed loan of up to EUR 33.1 million, alongside other expected financing.
Weak hydro production is increasing Montenegro’s import risks and the value of a diversified energy portfolio. Electricity exports to Italy were around 80% higher in Q3 2026 than a year earlier, according to Energy Community monitoring.
Southeast European electricity prices could ease in Q4 2026 and Q1 2027 if nuclear capacity returns and hydro inflows improve. Gas costs and transmission constraints are expected to sustain premiums during tight periods.
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Premier Energy Group has announced that its subsidiary, Alive Renewable Holding Limited, has successfully acquired a 90% stake in Development Power Solar Energy. This...
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BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.